How Much Did MacLellan Oil Raise?
Funding & Key Investors

MacLellan Oil has secured $438K in total capital, with a recent strategic investment of $438K announced on March 20, 2021. This significant financing underscores the company's established position in the energy services sector and its ongoing growth trajectory.

What is MacLellan Oil?

MacLellan Oil
RetailConvenience Stores, Gas Stations & Liquor StoresConsumer Services

Founded in 1927, MacLellan Oil is a conservation-minded provider of comfort services for homes and businesses. The company offers comprehensive solutions including fuel delivery, preventive maintenance, emergency service, and installation of advanced heating, cooling, and air purification equipment. MacLellan Oil emphasizes customer satisfaction through meticulous installations and thorough service work, supported by a substantial 100,000-gallon storage facility ensuring uninterrupted supply. Their commitment extends to providing 24-hour emergency service via local technicians and collaborating with fuel assistance programs like LIHEAP, demonstrating a dedication to community support and reliable service.

How much funding has MacLellan Oil raised?

MacLellan Oil has raised a total of $438K across 1 funding round:

2021

Debt

$438K

Debt (2021): $438K with participation from PPP

What's next for MacLellan Oil?

The recent strategic investment in MacLellan Oil, following a large-scale late-stage funding context, suggests a strategic initiative for expansion or operational enhancement. This capital infusion is likely to bolster the company's capacity to serve its customer base, potentially through upgrading infrastructure, expanding service areas, or investing in new technologies for energy efficiency. Given its long history and focus on essential home and business services, MacLellan Oil is well-positioned to leverage this backing to further solidify its market presence and continue its legacy of reliable comfort services.

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Frequently Asked Questions Regarding MacLellan Oil Financial Insights

What are the most recent funding rounds that MacLellan Oil has completed, and what were the funding rounds?
MacLellan Oil has recently completed 1 funding rounds: Debt on Mar 20, 2021.
What is the total amount of funding MacLellan Oil has raised to date?
MacLellan Oil has raised a total of $438K in funding to date.
How many funding rounds has MacLellan Oil completed?
MacLellan Oil has completed 1 funding rounds.
How much funding did MacLellan Oil raise in its most recent funding round?
MacLellan Oil raised $438K in its most recent funding round.
Who are the lead investors in MacLellan Oil's latest funding round?
The lead investor in MacLellan Oil's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in MacLellan Oil's history?
The largest funding round in MacLellan Oil's history was $438K.
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